Guardian Analytics Secures $9 Million In Venture Funding
VC will be used to accelerate product innovation and capitalize on the growing demand for fraud prevention solutions
May 26, 2010
PRESS RELEASE
LOS ALTOS, Calif., May 24 /PRNewswire/ -- Guardian Analytics, the innovator in predictive analytics-based fraud prevention software, today announced that it has raised $9 million in funding, led by Sutter Hill Ventures with participation by existing investor Foundation Capital. The Series C funding will be used to accelerate product innovation and capitalize on the growing demand for fraud prevention solutions that can protect financial institutions and their customers from today's sophisticated cybercrime.
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